2 Bedroom Apartment / Flat For Sale in Berea
Description
Unit Size: 89 sqm
Bedrooms: 2 (Partitioned into 4 for maximum return)
Bathroom: 1.5
Levy: R1 175
Parking: Basement
Floor: 7th (North-Facing)
INCOME-GENERATING APARTMENT IN A SECURE, WELL-MANAGED BUILDING
Situated in the heart of Berea, this spacious 89sqm seventh-floor apartment offers exceptional value for the astute investor.
A major advantage?
Fully functional elevator - a rare and valuable feature in many Berea buildings.
North-facing position - bright, warm and energy-efficient.
Fully tenanted and income-producing.
CURRENT INVESTMENT PROFILE
- Currently partitioned into 4 bedrooms
- Potential gross rental income: ±R6 600 per month
- Low levy: R1 175
- Excellent entry price at R299 000
This makes it a compelling option for investors seeking strong rental returns in a high-demand rental node.
APARTMENT FEATURES
- 2 Original bedrooms
- Lounge (converted into additional bedrooms for higher yield)
- Kitchen
- Open balcony
- Bathroom (bath & basin)
- Separate toilet
- Basement parking
SECURITY & BUILDING FEATURES
- 24-hour manned security
- Biometric fingerprint access control
- Clean, well-managed building
- Functional elevator (big bonus for high-rise living)
WHO SHOULD BUY THIS?
Buy-to-let investors
Portfolio builders
First-time property investors
Buyers seeking strong cashflow at an affordable entry point
FINAL WORD
At this price, with tenants already in place and income flowing, this is a plug-and-play investment opportunity in one of Johannesburg's established rental hubs.
Opportunities at this level move quickly.
Secure your viewing today.
